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The following information was drawn from the balance sheets of the Kansas and Montana compantes Current assets Current liabilities Kansas $44,000 39,600 Montana $46,000 9,200

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The following information was drawn from the balance sheets of the Kansas and Montana compantes Current assets Current liabilities Kansas $44,000 39,600 Montana $46,000 9,200 Required o. Compute the current ratio for each company b. Which company has the greater likelihood or being able to pay its bills? C. Assume that both companies have the same amount of total assets. Speculate as to which company would produce the higher return-on-assets ratio. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute the current ratio for each company. (Round your answers to 2 decimal places.) Kansas Montana Current Ratio to 1 to 1 Red Required B > The following information was drawn from the balance sheets of the Kansas and Montana companies Kansas $44,000 39,600 Montana $46,000 9,200 Current assets Current liabilities Required a. Compute the current ratio for each company. b. Which company has the greater likelihood of being able to pay its bills? C. Assume that both companies have the same amount of total assets. Speculate as to which company would produce the higher return-on-assets ratio. Complete this question by entering your answers in the tabs below. Required A Required B Required Which company has the greater likelihood of being able to pay its bills? Which company has the greater likelihood of being able to pay its bills? The following information was drawn from the balance sheets of the Kansas and Montano compantes current assets current liabilities Kansas $44,000 39,600 Montana $46,000 9,200 Required a. Compute the current ratio for each company b. Which company has the greater likelihood of being able to pay its bills? C. Assume that both companies have the same amount of total assets. Speculate as to which company would produce the higher return-on-assets ratio. Complete this question by entering your answers in the tabs below. Required A Required B Required Assume that both companies have the same amount of total assets. Speculate as to which company would produce the higher return-on-assets ratio. Which company would produce the higher return-on-assets ratio.

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